SEA sundance energy australia limited
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the deal?, page-9

  1. Value_Hunter
    4,727 Posts.
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    06/02/18
    23:04
    Post #: 30871774
    MMp / cmon - I rekon the most likely outcome is an acq that provides "more comfort" to said bankers (ie greater earnings coverage to fixed charges). this implies there will some hedging in any deal......

    it may also see some sort of preff equity (which, in the case of ELK - guarantees 20% plus rtn to that class of investor (I take your point MMp re Elliot)) ......

    will be interesting to see what transpires with this one !

    rgds
    V_H
    SEA Price at posting: 9.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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